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Eurozone industrial production disappoints in October

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Staff Writer | December 16, 2016
Seasonally adjusted industrial production fell by 0.1 percent in the euro area and by 0.3 percent in the European Union in October 2016 month-on-month.
Europe factory
Europe   After September saw a month-on-month decrease of 0.9 percent
The disappointing October figures failed to match positive sentiment indicators and gave the eurozone economy a stumbling start to the final quarter of 2016.

This came after September saw a month-on-month industrial production decrease of 0.9 percent in the eurozone and 0.7 percent in the EU, the figures issued by the EU statistical agency Eurostat showed.

However, by annual comparison, the industrial production in October this year was still up, by 0.6 percent in the euro area and by 0.5 percent in the EU bloc.


 

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